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Future Prospects of Global Laboratory Proficiency Testing Market

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Laboratory Proficiency Testing Market  The global Laboratory Proficiency Testing Market is estimated to be valued at US$ 1.29 billion in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 - 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Laboratory proficiency testing involves evaluating the performance of laboratories for a given scope of testing through inter-laboratory comparisons. It helps assess the quality and competence of laboratories by determining reproducibility and accuracy of test results. Proficiency testing products are used by laboratories to determine method validity and accuracy, and improve testing processes. Market Key Trends: One of the major trends in the laboratory proficiency testing market is the growing number of accredited medical laboratories. Accreditation assures compliance with ISO 15189 and ISO/IEC 17025 standards, which require participation in proficiency testing programs. Acc...

Paraformaldehyde Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast 2019 - 2027

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  Paraformaldehyde Market Formaldehyde polymerization produces paraformaldehyde, a polymer with a typical degree of polymerization of 8-100 units. This polymer has low acid content, good solubility, ease of storage, stability, and high productivity. Because of its robust properties, paraformaldehyde can be used in a variety of applications, including agrochemicals, resin production, adhesives, disinfectants, organic chemical synthesis, and cleaning products. The agriculture sector is one of the most important markets for paraformaldehyde because it is widely used in the production of a variety of agrochemicals such as fungicides, pesticides, and herbicides. Globally, the agriculture sector is expanding with increased production and investment, which is expected to drive market growth during the forecast period. Once depolymerized, paraformaldehyde can be used as a disinfectant, fungicide, fixative, and fumigant. It was also widely used as a thermoplastic in root canal therapy. In...

Paraformaldehyde Market Overview, Dynamics, Outlook and Key Players

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Market Overview Paraformaldehyde is a crystalline white substance that is extensively used as a disinfectant and fixative. Due to breakdown, this smallest polyoxymethylene emits a strong pungent odour akin to formaldehyde. It has a formaldehyde content of 89-91 percent and a water content of 9-11 percent. The vacuum drying and spray drying techniques are the two main methods for manufacturing paraformaldehyde. It's poisonous, and it's designated as a hazardous cargo. It also has the potential to cause cancer.   Market Dynamics The agricultural sector is predicted to increase rapidly, boosting demand for paraformaldehyde and hence the worldwide paraformaldehyde market . Depolymerized paraformaldehyde is used as a fumigant, disinfectant, fungicide, and fixative. Thermoplastics are also manufactured with paraformaldehyde. As a result, strong demand for thermoplastics from the construction industry and the expanding plastics industry is likely to drive market expansion. P...

Global Paraformaldehyde Market Outlook

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Paraformaldehyde is a crystalline white substance that is extensively used as a disinfectant and fixative. Due to breakdown, this smallest polyoxymethylene emits a strong pungent odour akin to formaldehyde. It has a formaldehyde content of 89-91 percent and a water content of 9-11 percent. The vacuum drying and spray drying techniques are the two main methods for manufacturing paraformaldehyde. It's poisonous, and it's designated as a hazardous cargo. It also has the potential to cause cancer. The need for paraformaldehyde to make disinfectants, fumigants, fixatives, and fungicides is growing, propelling the global paraformaldehyde market forward. At the same time, the industry's expanding interest in organic chemical synthesis, fertilisers, pharmaceuticals, printing and photography, fluorescent lighting, consumer items, cleaning products, personal care products, and intermediate additives is likely to open up a slew of new prospects. Paraformaldehyde Market   Paraform...

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